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FMC and BASF announce agreement to exchange access to key active ingredients
Philadelphia, Pennsylvania and Research Triangle Park, North Carolina
December 18, 2006

FMC Corporation (NYSE:FMC) and BASF (NYSE: BF [ADR]) announce several new multi-year supply agreements that will allow both companies to expand their crop protection portfolios in several key crop segments.

The agreements will grant BASF access within the U.S. to a proprietary insecticidal chemistry owned by FMC – zeta-cypermethrin. FMC will gain access within the U.S. to two active ingredients owned by BASF, pendimethalin and imazethapyr.

BASF will begin marketing new Respect™ insecticide in 2007 – based on zeta-cypermethrin – for control of several economically significant insect pests in a range of crops, including vegetables, corn, soybeans, cotton, wheat, and alfalfa.

“This agreement allows us to expand our portfolio of crop protection tools that help growers boost the yields and quality of their crops,” says Andy Lee, Director of U.S. Crop Operations with BASF. “Respect insecticide will be a strong fit with our current portfolio because it can be used as a stand-alone crop protection treatment or in tank-mix combination with other products.”

Lee notes that it is part of the BASF growth strategy and just one of the insecticide innovations BASF plans to bring to growers in 2007.

FMC will be developing premix products with pendimethalin and imazethapyr with its own proprietary herbicide portfolio over the next two years for use in soybeans, sunflowers and tobacco. “The premixes we will be developing will provide growers with excellent herbicide solutions to control tough weeds and grasses in those markets,” says Aaron Locker, product marketing manager with FMC Corporation.

“The announcement of this joint agreement and the launch of new FMC premixes into the soybean, sunflower and tobacco markets in the future is an important component of the FMC strategy to recognize market needs and respond quickly to bring needed technology to both growers and retailers,” according to Locker. “This agreement is consistent with the FMC innovative strategy of being the designer and marketer of novel product solutions by developing premix options to better meet our customers’ needs.”

FMC Corporation is a diversified chemical company serving agricultural, industrial and consumer markets globally for more than a century with innovative solutions, applications and quality products. The company employs approximately 5,000 people throughout the world. The company operates its businesses in three segments: Agricultural Products, Specialty Chemicals and Industrial Chemicals.

With sales of €3,298 million in 2005, BASF’s Agricultural Products division is a leader in crop protection and a
strong partner to the farming industry providing well-established and innovative fungicides, insecticides and
herbicides. Farmers use these products and services to improve crop yields and crop quality. Other uses include
public health, structural/urban pest control, turf and ornamental plants, vegetation management, and forestry. BASF aims to turn knowledge rapidly into market success. The vision of BASF’s Agricultural Products division is to be the world’s leading innovator, optimizing agricultural production, improving nutrition, and thus enhancing the quality of life for a growing world population. Further information can be found on the web at www.agro.basf.com.

BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals,
plastics, performance products, agricultural products and fine chemicals to crude oil and natural gas. As a reliable
partner to virtually all industries, BASF’s intelligent system solutions and high-value products help its customers to
be more successful. BASF develops new technologies and uses them to open up additional market opportunities.
It combines economic success with environmental protection and social responsibility, thus contributing to a better
future. BASF has over 95,000 employees and posted sales of more than €42.7 billion (approximately $50.4 billion) in 2005. Further information on BASF is available on the Internet at www.basf.com.

Always read and follow label directions.
The FMC logo is a registered trademark of FMC Corporation.
Respect is a trademark of BASF Corporation.

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